My wife makes a fair bit more than I do, like more than 2x. Sitting here going over our docs before sending them off to our preparator, and her total withholdings (federal, state, local) is more than half my gross salary.

She was like, "This isn't enough to make me a Republican but..... holy sh|t!!!"

so... nice marriage penalty on the child tax credit! The difference of that credit versus last year is greater than the amount our refund went down. Add that to the payroll taxes going up at least $100/mo... Greedy government.

relantel wrote:so... nice marriage penalty on the child tax credit! The difference of that credit versus last year is greater than the amount our refund went down. Add that to the payroll taxes going up at least $100/mo... Greedy government.

My wife makes a fair bit more than I do, like more than 2x. Sitting here going over our docs before sending them off to our preparator, and her total withholdings (federal, state, local) is more than half my gross salary.

She was like, "This isn't enough to make me a Republican but..... holy sh|t!!!"

My wife makes a fair bit more than I do, like more than 2x. Sitting here going over our docs before sending them off to our preparator, and her total withholdings (federal, state, local) is more than half my gross salary.

She was like, "This isn't enough to make me a Republican but..... holy sh|t!!!"

Man, right now my wife is my sugar momma as well. It's so emasculating.

My wife makes a fair bit more than I do, like more than 2x. Sitting here going over our docs before sending them off to our preparator, and her total withholdings (federal, state, local) is more than half my gross salary.

She was like, "This isn't enough to make me a Republican but..... holy sh|t!!!"

relantel wrote:so... nice marriage penalty on the child tax credit! The difference of that credit versus last year is greater than the amount our refund went down. Add that to the payroll taxes going up at least $100/mo... Greedy government.

wait...what? I am married and have a kid, please give me more info!

the ceiling on the child tax credit is x for singe filers, but not 2x for married filers (Its a little under 1.5x). Normally it is $1000 per child credit toward tax owed (as opposed to the way deductions are handled, which reduce taxable income), but it is reduced by $50 for every $1000 above the ceiling. Ours went down from $1800 last year to almost nothing this time.

Rapper Jim Jones is figuring out how to deal with Uncle Sam next month, and he's considering deducting expenses on his income tax for making it rain. Well guess what, in theory he might have a fighting chance of winning.

relantel wrote:so... nice marriage penalty on the child tax credit! The difference of that credit versus last year is greater than the amount our refund went down. Add that to the payroll taxes going up at least $100/mo... Greedy government.

wait...what? I am married and have a kid, please give me more info!

the ceiling on the child tax credit is x for singe filers, but not 2x for married filers (Its a little under 1.5x). Normally it is $1000 per child credit toward tax owed (as opposed to the way deductions are handled, which reduce taxable income), but it is reduced by $50 for every $1000 above the ceiling. Ours went down from $1800 last year to almost nothing this time.

did my taxes over the weekend, and I got the biggest return to date. Filed with 3 kids last year and mine ended up going up this year ?